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Quantitative Risk Manager Jobs in Ontario (NOW HIRING)

Aecon Group Inc.

Risk Manager

Cambridge, ON · Hybrid

Develop a project-specific Risk Management Plan for incorporation into the Project Controls Plan ... Establish quantitative risk analysis (QRA) cadence; oversee QRA and articulate the results ...

Gardiner & Theobald

Experience in PMO within risk and control or project management with demonstrable experience in managing risk registers, facilitating risk workshops, supporting qualitative and quantitative risk ...

SNC-Lavalin

Risk Manager

Mississauga, ON · Hybrid

Develop and deploy quantitative risk assessment approaches. * Work with management and joint venture partners to develop and deploy mitigation strategies. * Partner with project teams to monitor risk ...

Ci

Quantitative Investment & Risk Analyst

Toronto, ON · On-site

This role sits at the intersection of investment analytics, quantitative/risk methodologies, and ... Partner with Portfolio Managers and investment stakeholders to translate analytical questions into ...

Mace

Risk Manager

Toronto, ON · On-site

Leads and directs the delivery of Quantitative Risk Analysis (cost and time). * Advises on the ... Provides line management to more junior risk managers and other Project/Programme staff as required.

Trillium Rail Partners

Risk Analyst

Mississauga, ON · On-site

Support preparation of inputs for Qualitative and Quantitative Risk Assessments * Coordinate with Estimating Lead and Scheduling Manager to align probability and impact values with validated basis of ...

Trillium Rail Partners

Risk Analyst

Mississauga, ON

Support preparation of inputs for Qualitative and Quantitative Risk Assessments * Coordinate with Estimating Lead and Scheduling Manager to align probability and impact values with validated basis of ...

Bmo

Senior Risk Analyst, CCR Analytics

Toronto, ON · On-site

Supports the research and development of quantitative risk modeling methodologies and related strategies in support of the management of risks arising from business/group portfolios and products.

Royal Bank of Canada

Risk Manager

Toronto, ON · On-site

As Risk Manager in the Counterparty Credit Risk Analysis and Measurement team, you are responsible ... Master's degree in a relevant subject such as Finance, Economics, or other quantitative discipline.

Mace

Risk Analyst

Toronto, ON · On-site

You will lead on the cost management services including estimating, procurement and cost planning ... Leads and directs the delivery of Project/Programme Quantitative Risk Analysis (cost and time)

Mace

Risk Analyst

Toronto, ON · On-site

You will lead on the cost management services including estimating, procurement and cost planning ... Leads and directs the delivery of Project/Programme Quantitative Risk Analysis (cost and time)

MUFG

Model Risk Management Analyst, AVP

Toronto, ON

The AVP, Model Validation Quantitative Analyst within the Quantitative Risk Control (QRC) supports ... Responsibilities: Model Risk Management: * Developing, maintaining, and implementing the Bank ...

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All JobsQuantitative Risk JobsQuantitative Risk Manager JobsQuantitative Risk Manager Jobs in Ontario

Quantitative Risk Manager information

See Ontario salary details

$32K

$131.9K

$219K

How much do quantitative risk manager jobs pay per year?

As of Jul 7, 2026, the average yearly pay for quantitative risk manager in Ontario is $131,920.00, according to ZipRecruiter salary data. Most workers in this role earn between $97,000.00 and $163,500.00 per year, depending on experience, location, and employer.

What can I do with a quantitative risk management degree?

A degree in quantitative risk management prepares individuals for roles such as risk analyst, risk manager, or quantitative analyst in finance, insurance, or consulting firms. These roles involve assessing and modeling financial risks using statistical tools, programming languages like Python or R, and risk management frameworks. Professionals in this field often work with regulatory compliance and may pursue certifications like FRM or PRM.

What is the salary of a quant risk manager?

A quantitative risk manager's salary typically ranges from $100,000 to $200,000 annually, with higher compensation often associated with experience, advanced degrees, and certifications such as FRM or CFA. In addition to base salary, bonuses and performance incentives can significantly increase total compensation in this role.

What does a quantitative risk manager do?

A quantitative risk manager analyzes financial data and models to identify, measure, and manage risks within an organization. They use statistical techniques, programming skills, and risk management tools to develop strategies that minimize potential losses and ensure regulatory compliance.

How does a Quantitative Risk Manager typically collaborate with other departments within a financial institution?

Quantitative Risk Managers work closely with teams such as trading, compliance, IT, and senior management to identify, measure, and mitigate financial risks. They often translate complex quantitative models into actionable insights for non-technical stakeholders and facilitate the integration of risk metrics into daily decision-making processes. Collaboration is essential for ensuring that risk assessments align with business objectives and regulatory requirements, often requiring regular cross-functional meetings and clear communication.

What are the key skills and qualifications needed to thrive as a Quantitative Risk Manager, and why are they important?

To thrive as a Quantitative Risk Manager, you need strong analytical abilities, a deep understanding of statistics and financial mathematics, and typically an advanced degree in finance, mathematics, or a related field. Proficiency in programming languages like Python or R, experience with risk modeling software, and certifications such as FRM or CFA are highly valuable. Exceptional problem-solving, communication, and collaboration skills help you convey complex risk metrics to stakeholders and work effectively in cross-functional teams. These skills ensure accurate risk assessments, regulatory compliance, and informed decision-making in dynamic financial environments.

How much do quant risk managers make?

Quantitative risk managers typically earn between $100,000 and $200,000 annually, with senior roles and those in major financial centers earning higher salaries. Compensation often includes bonuses and benefits, and strong skills in mathematics, programming, and risk modeling are essential for higher-paying positions.

What is a Quantitative Risk Manager?

A Quantitative Risk Manager is a professional who uses mathematical models, statistical analysis, and quantitative techniques to identify, measure, and manage financial risks within an organization. They often work in banks, investment firms, or insurance companies to analyze market, credit, and operational risks. Their responsibilities include developing risk models, monitoring risk exposures, and advising senior management on risk mitigation strategies. They play a key role in ensuring that organizations make informed decisions and comply with regulatory requirements.

What is the difference between Quantitative Risk Manager vs Quantitative Analyst?

AspectQuantitative Risk ManagerQuantitative Analyst
Primary FocusAssessing and managing risk exposure across financial portfoliosDeveloping models and algorithms for investment strategies
Required CredentialsAdvanced degrees in finance, mathematics, or related fields; certifications like FRM or CFADegrees in finance, mathematics, or statistics; often pursuing CFA or similar
Work EnvironmentFinancial institutions, risk management departmentsInvestment firms, hedge funds, banks
Key SkillsRisk assessment, regulatory knowledge, quantitative modelingData analysis, programming, financial modeling

While both roles involve quantitative skills and financial knowledge, Quantitative Risk Managers focus on identifying and mitigating risks within organizations, whereas Quantitative Analysts primarily develop models to inform investment decisions. Understanding these differences helps professionals choose the right career path or job search focus.

What are popular job titles related to Quantitative Risk Manager jobs in Ontario? For Quantitative Risk Manager jobs in Ontario, the most frequently searched job titles are:
What job categories do people searching Quantitative Risk Manager jobs in Ontario look for? The top searched job categories for Quantitative Risk Manager jobs in Ontario are:
What cities in Ontario are hiring for Quantitative Risk Manager jobs? Cities in Ontario with the most Quantitative Risk Manager job openings:
Quantitative Risk Manager jobs near you
Quantitative Risk Associate

Quantitative Risk Associate

Royal Bank of Canada

Toronto, ON • On-site

Full-time

Posted 20 days ago

Job description

Job Description

What is the opportunity?

We are seeking a quantitative associate to support financial resource management and optimization for Global Markets. You will develop analytical solutions, monitoring systems, and pricing models that help the business optimize the consumption of critical resources-margin, capital, funding, and liquidity-while managing associated market and derivatives risks.

What will you do?

  • Develop and maintain analytical models, automated tools, and data infrastructure to monitor financial resources and liquidity metrics for Global Markets businesses

  • Provide cross-asset analytical support to sales and trading desks, assist with derivative pricing where it relates to the cost of resource consumption and secondary risks

  • Research, design and implement strategies to decompose and mitigate financial resource consumption costs while identifying opportunities to improve efficiency and eliminate operational risk

  • Work collaboratively across Front Office, GRM, Enterprise Risk, Finance, Legal, Compliance, and IT to research best practices, develop controls, and enhance risk management methodologies

What do you need to succeed?

Must have:

  • Master's degree in a quantitative discipline (Mathematics, Statistics, Engineering, Physics, Computer Science) 2+ years of relevant experience preferred

  • Proficiency in Python, C++, Java, SQL, Excel, VBA, OOP, algorithms, advanced problem solving, financial maths and engineering

  • Knowledge of derivative products, valuation methodologies, trading fundamentals, and regulatory frameworks such as Basel III

  • Ability to communicate technical concepts clearly to non-technical audiences

  • Experience with data processing, modeling, back-testing, and building scalable solutions

Nice to have

  • MMF, MQF or equivalent

What's in it for you?

  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable

  • Leaders who support your development through coaching and managing opportunities

  • Work in a dynamic, collaborative, progressive, and high-performing team

  • Ability to make a difference and lasting impact

  • Opportunities to do challenging work

  • Opportunities to take on progressively greater accountabilities

#LI-POST

Job Skills

Analytical Solutions, Analytical Support, Code Development, Communication, Critical Thinking, Finance, Financial Analysis, Financial Derivatives, Financial Modeling, Investment Risk Management, Market Risk, Problem Solving, Python (Programming Language), Quantitative Methods

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-04-17

Application Deadline:

2026-07-24

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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Employment Type: FULL_TIME

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